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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Pogeu Mahone who wrote (79721)	3/5/2007 8:16:02 AM
From: orkrious	Read Replies (1) of 110194

With real estate going to 1991 auction prices , ie 20cents on the dollar, what do you want to buy,gold or real estate? I have 100% of my money in RE. (My condo, 100% owned, is a tiny portion of my PF.) I am looking for a house on a lake here (Detroit), and I actually saw a reasonable deal this weekend. It's still not a steal, and it's too big for us, but there are a lot of people in trouble and patient buyers can do okay. I doubt they'll think they got a bargain in three years, but it doesn't matter for someone who needs a place to live.

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